Agreement Between City and GDDC for IBM Incentives_FINALAGREEMENT
BETWEEN
THE CITY OF DUBUQUE, IOWA
AND
GREATER DUBUQUE DEVELOPMENT CORPORATION
This Agreement, dated for reference purposes the 16t" day of February, 2009,
is made and entered into by and between the City of Dubuque, Iowa (City), and Greater
Dubuque Development Corporation (GDDC).
Whereas, City has entered into an Incentives Agreement (the Incentives
Agreement) with International Business Machines Corporation (Employer); and
Whereas, a condition of the Incentives Agreement is that City provide certain
benefits to GDDC to allow GDDC to assist Employer with Employer's workforce
development in Dubuque, Iowa.
NOW, THEREFORE, IT IS AGREED BY AND BETWEEN THE PARTIES AS
FOLLOWS:
1. City agrees to provide to GDDC $125,000 per year for each of three
years, the first such year commencing thirty days after approval of the Incentives
Agreement by the City Council to hire a GDDC staff person who shall be dedicated
exclusively to assisting Employer with its workforce development and such other
activities as may be required by Employer.
2. GDDC shall provide, at no charge or cost to Employer, five (5) years of
membership in AccessDubuqueJobs.com to Employer to assist Employer in employee
recruitment.
3. This Agreement shall take effect upon approval of the Incentives
Agreement by the City Council, and in the event that the Incentives Agreement is not
approved by the City Council by February 16, 2009, this Agreement shall be null and void.
CITY OF DUBUQUE, IOWA
By:
Roy D. Buol, Mayor
By
Jeanne F. Schneider, City Clerk
GREATER DUBUQUE DEVELOPMENT
CORPORATION
By
Rick Dickinson, Executive Director
In order to acknowledge it is entitled to
receive the benefits and incentives
described herein, and for no other
purpose, IBM hereby signs below:
INTERNATIONAL BUSINESS
MACHINES CORPORATION
Name:
Title: gm, IT Delivery, Americas